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Sunday, October 30, 2016

Yuuzoo

Yuuzoo - 28th Oct 2016

Yuuzoo after touching the low of 12.9 cents on 3rd Aug 2016 , it had managed to head higher and closed well at 18.1 cents on 28th Oct 2016. Couple with super high volume this is rather bullish.



Another positive point to take note is that it is able to conquer the strong resistance level at 17.8 cents and closed higher at 18.1 cents. This is rather positive.

Both Macd & Rsi are also rising in tandem together with this bullishness.

Short term wise, I think it may likely move up to test the next resistance level at 20/21 cents.Breaking out of 21 cents with good volume, that may propel to drive the share price higher towards 24.5 cents.

This is a ultra penny stock counter and it is always good to trade with extra cautious.
Always remember to set your stop loss price.

(trade base on your own decision)


GSH

GSH- 28th Oct 2016

GSH had a very impressive run after touching the low of 30 cents on 13th Sept 2016 and it had managed to stage a strong recovery and head higher to touch 45.5 cents on 27th Oct 2016. Couple with super high volume this is rather bullish/positive.


The first breaking out was the confirmation move for it to cross over 35 cents on 24th Oct 2016 and it had managed to follow-through for the next few trading session and touches the high of 45.5 cents on 27th Oct 2016.

Both Macd & Rsi are also showing this positiveness with both the indicators heading higher.

Short term wise, I think it may likely move up to take out the recent high of 45.5 cents and head higher towards 50 cents. Breaking out of 50 cents may see further upwards move towards 55 cents then 60 cents.
(trade base on your own decision)

Saturday, October 29, 2016

Japfa

Japfa -28th Oct 2016 

Japfa after hitting the high of 89 cents on 7th July 2016 it had since retreated and gone into neutral mode. 
Last Friday it had a sudden Gap Up couple with super high volume and closed well at 83.5 cents.
This is generally rather positive.


Both Macd & Rsi are showing sign of a positive divergence which may likely provide further indication that the share price may continue to head higher.

Short term wise, I think it may move up to test 86 cents. Breaking out of 86 cents may see it prices rises further to 89/90 cents. Breaking out of 90 cents with good volume that may likely propel to drive the share price higher towards $1.00.
(trade base on your own decision)

Cityneon

Cityneon - 28th Oct 2016

Cityneon after hitting the low of 87.5 cents on 19th Sept 2016 it had managed to stage a strong recovery and went up to touch $1.115 on 27th Oct 2016. Couple with high volume, this is rather positive.


It had managed to clear the first major resistance at 99 cents followed-by 2nd major resistance at 1.06. This is super bullish.

The current price of $1.115 is staying above the SMA lines which is generally rather positive.

Also both Macd & Rsi are still rising which may provide further indication that theshare price may continue to trend higher.

Short term wise, I think it may move up to test 1.20. Breaking out of 1.20 with good volume that may propel to drive the share price higher towards 1.30.
(trade base on your own decision)

Sunday, October 23, 2016

M1

M1 - 21st Oct 2016

M1 looks rather bearish after broken the first support at $2.35 level.
On 20th Oct 2016 it had again broken the 2nd support level at $2.20.

The current price of $2.15 is staying below the SMA lines this is generally quite negative.

Also both Macd & Rsi are still pointing downwards which may likely remain bearish/negative .

Short term wise,I think it may go down to visit $2.10 then $2.00.Breaking down of $2.00 will be super bearish and may even see it share price heading lower towards $1.80.(trade base your own decision)

Saturday, October 22, 2016

SembCorp Ind

SembCorp Ind - 21st Oct 2016

SembCorp Ind seems to be holding up well after touching the low $2.51 on 26th Sept 2016. It had manage to stage a slow recovery and closed higher at $2.58 on 21st Oct 2016.



Both Macd & Rsi are showing sign of a positive divergence which may likely provide further indication that the share price may continue to trend higher.

I think oil price has more or less stabilize between $50 - $55 level and it may move higher towards $60.

I think first confirmation signal to watch out is for its price to cross over $2.60 that will propel to drive the share price higher towards $2.66 then $2.76.
(trade base on your own decision)